Global Economic News

Japan Consumer Price Inflation At 41-Year High

Japan's consumer price inflation accelerated further in January to hit a fresh 41-year high, adding pressure on the central bank to withdraw its massive monetary stimulus.

Core inflation that excludes volatile fresh food climbed to 4.2 percent in January from 4.0 percent in the previous month, data from the Ministry of Internal Affairs and Communications showed Friday.

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by Renju Jaya

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